Saturday, March 17, 2007

World debt and Disaster

Poor countries face natural disasters, such as hurricanes, floods, earthquakes, and fires, the cost of rebuilding becomes even more of an issue when they are already burdened with debt. Often, poor countries suffer with many lost lives and/or livelihoods. Aid and disaster relief often does come in from international relief organizations, rich countries and international institutions, but sometimes poor countries are still paying millions of dollars a week back in the form of debt repayment.

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